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You can choose between a fixed rate home loan and a floating rate home loan. Here is when you should opt for floating rate home loan.Hello and welcome to FundooMoney, your 24X7 buddy on all your money matters! Home loan providers provide fixed rate and floating rate home loans. Which type of home lo...
Buying a home is one of life’s biggest financial goals. And being a big ticket item, one would need a home loan to buy one. Consequently, a home loan means getting into a long term financial commitment where a considerable portion of your income is spent in servicing home loan EMIs every month...
Home loan providing financial institutions provide fixed rate and floating rate home loans. Which type of home loan works for you? To put it very simply, the interest rate for a fixed rate loan doesn’t change during the tenure or term of the home loan. In contrast, the interest rate can be cha...
Home loan providing financial institutions provide fixed rate and floating rate home loans. To put it very simply, the interest rate for a fixed rate loan doesn’t change during the tenure or term of the home loan. In contrast, the interest rate can be changed by the home loan providing institu...
Here is a piece of interesting statistics. Typically, 90% of home loan borrowers with 20-year home loans end up repaying their entire home loan before 10 years. Clearly, home loan tenure selected at the outset may not be significant in the long run. However, it has a significant impact during in...
Buying a home is one of the biggest financial goals of any individual. Being a big ticket item, it is mostly not possible for people to buy a home out of their current savings. This makes it important for a person to get a home loan. Given its importance, especially the repayment that takes plac...
Home loan tenure is as important as the home loan rate. How to choose the right home loan tenure so you pay the minimum possible home loan interest during the term of the housing loan.Hello and welcome to FundooMoney, your 24X7 buddy on all your money matters! Here is a piece of interesting statisti...
Welcome to FundooMoney, your 24X7 buddy for all your money matters! Shortly, we will give you 5 smart tips to get the best housing loan for yourself so that you can soon walk into your own new home. Stay tuned.Shortlist Few Lenders with Lowest Rates Select 3 lenders offering the lowest home loa...
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